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RESOLUTION NO. 2022-50R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING AN AGREEMENT WITH ALTEC <br />INDUSTRIES, INC. (IFB NO. 222-027) THROUGH THE SOURCEWELL <br />PURCHASING COOPERATIVE (CONTRACT NO. 012418 -ALT) FOR <br />THE PURCHASE OF ELECTRIC UTILITY EQUIPMENT INCLUDING <br />ONE WIRE TENSIONER, TWO BUCKET TRUCKS, AND ONE DIGGER <br />DERRICK IN THE AMOUNT OF $911,760.86; AUTHORIZING THE <br />CITY MANAGER OR HER DESIGNEE TO EXECUTE THE <br />AGREEMENT ON BEHALF OF THE CITY; AND DECLARING AN <br />EFFECTIVE DATE. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br />PART 1. An agreement with Altec Industries, Inc. (IFB. No. 222-027) through the <br />Sourcewell Purchasing Cooperative (Contract No. 012418 -ALT) for the purchase of electric <br />utility equipment including one wire tensioner, two bucket trucks, and one digger derrick in the <br />amount of $911,760.86 is approved. <br />PART 2. The City Manager or her designee is authorized to execute the agreement on <br />behalf of the City. <br />PART 3. This resolution shall be in full force and effect immediately from and after its <br />passage. <br />ADOPTED on March 23, 2022. <br />/! <br />ie Hughson <br />Mayor <br />Att s <br />ammy . Cook <br />City Clerk <br />